04 July 2019 - 05:10The debate in the ANC on monetary policy has been misguided. The real issue is whether interest rates over the past few months have been set at the right level, says deputy finance minister David Masondo.
In comments that blur the traditional division between fiscal policy, which is the domain of the Treasury, and the SA Reserve Bank’s monetary policy, Masondo told Business Day that the repo rate was an effective tool, and there was no need to debate quantitative easing.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sihle Zikalala says Ingonyama land issue all about economic productivity | IOL NewsThe Premier of KZN Sihle Zikalala says the main issue about the Ingonyama trust which owns vast land in KZN, is not only ... EFFSouthAfrica will take it away so the state keeps it... no King inbetween
Source: IOL - 🏆 46. / 51 Read more »
Gold surfs on the hope of monetary easingThe metal gains amid concern about global growth and as the latest central bank nominations reinforce the expectation of monetary policy easing
Source: BDliveSA - 🏆 12. / 63 Read more »
ANC in Western Cape welcomes HRC intervention in crisis of Cape Town’s homelessThe provincial party had on Monday slammed the City as uncaring, accusing it of waging a 'war' on the city's homeless.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
OPINIONISTA: We – the good guys in the ANC – await battle orders, Mr PresidentWe require active leadership and a capable developmental state to defeat the masterless warriors who once kowtowed to Jacob Zuma. oscarknysna I'm sh*cked, Oscar. You think what's required is battle orders from the President & good guys in ANC must overcome bad guys? Only then can ANC govern SA properly? . If ANC repurposes itself to BE A GOVERNING PARTY rather than a mish-mash of patronage groups battle isn't necessary oscarknysna I say stuff 'the waiting for battle orders' nonsense, we call for a state of emergency and the ANC placed under administration. oscarknysna Which good guy? There is no good guy in ANC they are all the same
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Trump Picks Two Fed Nominees Likely to Support Easier PolicyAfter a yearlong assault on the Federal Reserve and its chairman, President Donald Trump has tapped two wildly different economists to the central bank’s board who seemingly have one important thing in common. They’re both likely to support the president’s call for lower interest rates.
Source: dailymaverick - 🏆 3. / 84 Read more »
Faith Muthambi's track record speaks volumes: ANC MPsANC MPs have closed ranks around controversial former minister Faith Muthambi after the DA attempted to block her election as the new chair of the cooperative governance portfolio committee. But she always avoided appearing on the committee now she want to hold others to account,funny democracy Which one?😭😭
Source: TimesLIVE - 🏆 28. / 59 Read more »